Bitcoin Forum

How low will BTC price reach?
Just to know what you guys think

I would say 7k and then bounce back, otherwise 5k. Because if it can go down to 6k, it won't stop there. 5k is the last stand and I believe it will hold.

The current situation of the bitcoin market in the China and around the globe has changed speculation very dramatically. I believe that bitcoin will reach to prices of 5-6k and will play around it for long time. The lowered prices is actually opportunity for many investors so it might happen that they will put big money at this low and thus will keep the balance of in flow of money into it. The net result would be little stability for sometime as almost more than half of crypto investors will be investing money and slowly people who are selling the BTC will drop in number. So we might just expect it to drop by 2 k more but it won't go below that point for sure.

I agree. I don't think we stopped on the $6k range for long on the (rocket propelled) way up, so there probably won't be a lot of support there - assuming we break below $7k psychological, which I hope we won't. ::)

Everyone predicts the bottom is $6K but after touching $6k, I think we will touch also $4k this year, because I think in 2018, there will be only bear market.

I think it could go down to 5000$ but not below that and would be stable for a period of time which leave a huge opportunity for the people to buy bitcoins and wait for the price to increase and enjoy the profit. But this requires patience as the price is not gonna increase too rapidly.

I put 6k because it was the highest option. Frankly I have no idea of how low it will go, but rather in how much time it will bounce back, which is, I am sure, before the end of the year.

Fair enought, I should have added 7+k to the list

added 7k+ to the list

it might be possible to go back to the point where bitcoin starts because nothing is impossible, even lower than that price.

There is no fixed amount. Issue is everyone is scared seeing the huge drop in last two months. We need lot of people to invest to see more demand.

4.5k

It's 6k already so no need for 7k anymore  :P :P :P

6.500 USD will be the lowest value of bitcoin in the market this month. And will reach more than double before the month of February ends. after that, we can see bitcoin to be back on track and be reaching the highest value before until March of this year. And this coin will have the milestone of 40.000 USD before the year ends.

$5555 is the magic number for me, any lower and I don't feel extremely confident anymore. Would still be confident in Bitcoin and cryptos overall but some confidence would surely be shaken up.

In my opinion, we can expect it to go by $6000 levels. The prices have gone done because of a lot of bad news related to Bitcoins. For instance, Indian media recently reported that India is going to ban Bitcoins completely in India.

at this moment BTC is already below 7000$. I think this is not all the surprises that we will see. even some experts are already pessimistic. if it will go under 5000$ we can see something really horrible.

everything below 5k would suprise me a lot. It is definitely not going under the price of 1k, so I think the worst case is somewhere between 5k-1k.. Everything below 5k is a good entry in my opinion.

It actually depends if people will not stop on panic selling. Panic selling doesn't do anything good because you will just incur losses, you will just contribute to the price dip because panic selling creates a chain reaction. I am sure that bitcoin will not always go down, somewhere within this year all market prices will recover. So, just relax and stop panicking.

Agreed

No one can't know that for sure.
This looks bad at the moment and seems that bitcoin is reacting heavily on happenings in China and elsewhere. Although it looks that is falling very fast now don't forget how fast was rising not so long time ago. Everything is possible.

we can speculate tho  :P as we all know BTC price is all about speculation :P

Probably, it will go down at a price level before bitcoin cash was born. $4k - $5k is the bottom price that I'm seeing right now, which I think is a good entry point and so that we can buy more BTC for the future. This high volatility that we're experiencing proves that investment in BTC is not gonna make you rich overnight.

A difficult question, very few people will be able to predict such a confluence of circumstances but my opinion is up to 5k

from what I see from this post a lot of buy triggers will trigger when it reachs 5k :P

A news from contelegraph says that the reason behind the crypto currencies dip now is, investors started buying crypto currencies with Tether instead of US dollars. This made the price of all bitcoins fall from $9K to $7K.  This can still go down to $3K probably. This moments should stop and resume back to norma position to gain more values. The price should reach back to minium $10 to $11K by end of this month.

This is also my call, $6500 will the lowest till we see some semblance of a rally and start to witness the graph going up. I think the dumping will slow down once we reach $6500 and those weak hands who have been holding till yesterday has given up and decided to push the sell button. I don't think it can go any further than that.


I will be surprise as well. $5K for me is not realistic bottom but I might be wrong. At around $6500 it will be really a perfect time to buy specially for those who have been waiting for a long time to enter the picture. No need to wait for further dip as it might not go below $6K.

Well, 4k would be my buy trigger if I had one

I think 6k is the lowest price that Bitcoin can be dumped to. Few hours ago, Bicoin price was under 7k$ but for now it's increasing back to over 7k$ already. Maybe Bitcoin dump to prepare for a big dump in the near future :)). Maybe Bitcoin price will rise to 20k$ in the near future so it need to dump a little bit to prepare for it :)

Even tho I bet it will go down again below 7k

My cut loss actually is at 6000-8000 range. But still i'm going til the 6000 mark. I'm not saying btc will not recover though we can't predict it will reach ATH again.

It looks like the 7000$ mark is finding support at this moment. It will depend what will happen tomorrow, if we go below this mark and it doesn't bounce back, than we are in for a new drop.

People have been calling every $1000 drop an "opportunity" but the only opportunity it's proved to be so far is an opportunity for those selling to get out at a better price. Bitcoin's price was always pure speculation. There's no reason to believe that Bitcoin will see the highs it did last year because the price was a bubble and dumb money was chasing a get rich quick fantasy. There will be far too many competitors in the crypto space for one crypto to have all the value in a future where fiat is replaced, and it remains highly improbable fiat will be replaced anyway, so everyone buying because someday this is going to be worth millions of dollars because it will be so limited was a stupid and unreal likelihood. Now that the shine is wearing off, perhaps reality will be allowed back into this space.

I think it's quite possible to drop to 5k. Or will be beat off from 7k and go up. But with 100% probability not predict

bitcoin price is still not predicted no one decide the value of bitcoin and I know bitcoin will fall this year but bitcoin will be comeback the price or more than price like in the pass year

Its unpredictable, it could reach the sky above and sink in the bottom est sea floor, It is like a bubble pops on the air in an instant, The value always fluctuating:)

I really hope that there is a major support level at $5k as i really do not want to see the price of bitcoin going down below that support level as we could see a massive sell off if that happens,it is really impossible to predict the exact nature of this situation as with every news the market is going down ,which is scary.I would like to see the price moving within a range bound rather than going down all the time. :)

agreed

5 k is the most possible crash for Bitcoin.
long term invest is need to be apply for bitcoin or altcoins too.

altcoins are down too, they follow the BTC lead most of the times

even tho we all know that this price is temporary and only tends to go up

6,500 USD will be the lowest and bitcoin will be back on track and be reaching the highest value sometime this year.

We are thinking about the same things, sudden price drops are something Bitcoin has done so often, keeping calm and Bitcoin buying as much as possible can help us.

currently bitcoin is within $ 6800 if this decline continues I expect 6k is the lowest bitcoin, after which it will creep up and back towards 20k.

Honestly, I do think no one can predict what value of bitcoin will be at some certain time or at what value will bitcoin reach because the value of bitcoin is volatile. It's value is continuously fluctuating. It changes rapidly and unpredictably which makes bitcoin really hard to predict. And if we look at the demand curve of bitcoin year by year, we can see that it is normal or it is one of the characteristics of bitcoin is being volatile.

Do you think it will reach 5,000 instant? I guess some new users will buying the price of bitcoin. They are lucky enough to buy! just hodl fellas don't sell anything. The demand of people about Lightning network is real and it's coming price will shook up!

Yeah, I think we can all agree it only tends to go up soon enough

I think the price below 6000$ at this time is not possible as any moment a momentary increases will eventually happen, as the news about cryptocurrency is changing positively in my observation. I can be wrong but I hope I’m more right at this time, for the holder and believers worrisome be in lighten again with positive indications of bull run this coming weeks. I’m hopeful and patiently waiting for that to come.

I have seen similar topics in this forum. But the answer is that we don’t really know. Nobody knows the lowest price BTC will reach, all they can do is predict what price they think Bitcoin will actually drop. Last year I once saw someone that commented that Bitcoin will in this 2018, and that it will drop as low as $2,500 and then people will see it as an opportunity and start to invest again, and from that price rate it will climb up above 2017’s highest score.

please tell me why if if goes down to 6k it can't stop there
i am not telling that it wont' get to 5k but i would like to know why you are so sure about that

i think nobody knows what is going to happen, short term is always a guess

only thing that i am sure is this is not the end of the crypto market, maybe there will be dead projects at the end of the day but the business is here to stay

speaking long term i think this whole situation is testifing the strenght of bitcoin, not the weakness: look at the price, all are in desperate mode but did you read the news lately? everyday there is someone from institutions and traditional media telling you that the party is over, and we are well above levels someone did not believe were achievable even only 5 months ago!

i think we are in the middle of a big redistribution of wealth, do not let emotions drive your decisions ;-)

Probably as low as 500$. It could crash way further though. Everyone want to get out and real panic has even yet started.

I m not really sure but if this problem will continue, its market price might fll down to 4000 USD and I hope it won't go that far because if tht's the case, Bitcoin will have a hard time to recover. But for now let's avoid selling and continue holding. Surely, its price will eventually imcrease, we just have to wait for it.

Just one day passed and I change my answer from 6K USD to 3K USD.  Wow...  This sell down is just too much for the market to handle.  It's like 2013 all over again and the two or so years of nothing after that.  My fear is it could take a while for BTC to get back and beyond ATH.  I don't think most of you will be able to wait for 5 to 7 years if it comes to that.

Before last year ended, i read an article somewhere which said BTC will trade between 6k-22k this year, so per that then the lowest might be 6k. I'm also believe it can go very high up.

Here we change our minds very quickly, not just when price is going down, same is when price is going up. Guessing when will price reach its peak, and after that bottom is what many traders doing everyday. That is gambling in my opinion, closer you are to your guess means more profit if you know how to play your cards.
If we need to wait couple years its nothing believe me, as long as we know what we are waiting. Who knew back in 2013 that price will reach 19.000$ would sell everything for bitcoins, and addition to that every monthly salary would go into bitcoins. Learn from that, if you expect price to be 20.000$ again in few year that is plenty of time for acquiring more bitcoin.

I think it could reach lower since the bad news hasn't ended yet. With the tallks on how to regulate Bitcoin globally coming up, I think it will be a very bumpy road ahead for investors.

We are already seeing bitcoin crash from many days now.I think whales will soon stop emptying panic sellers ;D I think bottom is already passed and now we will see a steady recovery :)

Today bitcoin price is low -24%. But now bitcoin prices is increase solluly. People now hold the coin and wait for price incres. If increas the prices peopel will be sell the coins for improve the business pricess and future invest for other coin. Bitcoin is best coin. So most of the people invest the coin. Bitcoin price is any time to change it not easy to guess. So people check the prices day by day for the price information.

I believe that Bitcoin will be pushed down (probably manipulated) so hard that it will create a snowball effect and will make investors think it is going down for real. The main reason here is that Billionaires will probably get on-board during the dip.

It can not be said exactly how much the price will fall.The market is currently unable to predict.The price is decreasing again lightly increasing again and again.The situation in Bitcoin price now is likely to decrease.The price of Bitcoin is likely to fall below $ 5k. Buying now is a long-term profit.

that makes sense

it's very possible also that it starts to go down again, tho

Oh, I see people here suppose that Bitcoin can fall up to 5 thousand. It would be a crash for those, who bought it when it was 10 thousand and more. I suppose, it will be fluctuating between 7,5-8,5 K. But it is difficult to predict the exact price.

So the majority decised that the lowes point of Bitcoin can be 5 thousand, and then it will start growing. If it is true, let us wato till %K time comes to buy more BTC

Don't take the people who voted here for any type of consensus. You're looking at a subset of a subset of a subset of the crypto population. This poll is just for sparking a topic of conversation, anyone looking to make an investment decision based on it is setting themselves up for big losses due to how unreliable the information and any conclusions drawn from it are going to be.

Its market value at this moment is starting to increase and if this be continuous, maybe the bottom that we've reached because of the continuous crash lately is 6500 USD from a market value of 17000 USD. For now, continue holdimg and avoid selling to make the demand high also to earn porfit as its market value is increasing. I hope that this will be the start or the recovery.